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Foreign National Loans in Del Mar
Can I buy in Del Mar without a US credit score?
Yes. Foreign national programs use foreign credit references or bank letters instead. No US credit history is required.
01
Del Mar attracts serious international buyers. Coastal access, top schools, and proximity to San Diego make it a target market for foreign nationals.
These loans are non-QM — meaning they fall outside standard Fannie Mae and Freddie Mac guidelines. Not every lender offers them.
30–40%
Min Down Payment
12–24 months
Reserves Required
Not required
US Credit Required
45–60 days
Est. Close Time
Non-QM / Portfolio
Loan Type
02
You do not need a US credit history or Social Security number. Lenders use foreign credit reports, bank references, or asset verification instead.
Most programs require 30–40% down. Reserves of 12–24 months are standard. The stronger your asset picture, the better your options.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Del Mar.
Del Mar attracts serious international buyers. Coastal access, top schools, and proximity to San Diego make it a target market for foreign nationals.
These loans are non-QM — meaning they fall outside standard Fannie Mae and Freddie Mac guidelines. Not every lender offers them.
You do not need a US credit history or Social Security number. Lenders use foreign credit reports, bank references, or asset verification instead.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Retail banks rarely touch foreign national loans. Portfolio lenders and private institutions set their own rules — and those rules vary widely.
At SRK CAPITAL, we shop across 200+ wholesale lenders to find who's actively pricing these loans. That access makes a real difference on rate and terms.
04
The biggest mistake foreign national buyers make is waiting too long to start the paperwork. Document gathering takes weeks when records are overseas.
Some lenders require a US bank account before closing. Open one early. It also helps establish a domestic financial footprint for the file.
05
If you have a US Individual Taxpayer Identification Number, an ITIN loan may offer better terms. ITIN programs are more widely available than full foreign national products.
DSCR loans are another path if the Del Mar property will generate rental income. The property's cash flow — not your personal income — drives approval.
06
Del Mar price points push most purchases well into jumbo territory. Foreign national jumbo loans exist, but the reserve and down payment requirements are steeper.
California has no restrictions on foreign nationals owning property. Title and escrow in Del Mar routinely handle international transactions.
FAQ
Yes. Foreign national programs use foreign credit references or bank letters instead. No US credit history is required.
Eligibility depends on the lender. B-1, B-2, and other visitor visas can qualify. Some lenders also lend to buyers with no US visa at all.
Plan for at least 30–40% down. Del Mar's high price points mean jumbo foreign national loans often require more reserves too.
Some lenders allow entity purchases. Documentation requirements are more complex and lender options narrow significantly.
Expect 45–60 days minimum. Gathering overseas documents and satisfying lender conditions takes longer than a standard deal.
Not always to qualify, but many lenders require one before funding. Opening an account early also strengthens the overall file.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in San Diego County
Our team of licensed mortgage brokers works San Diego County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including San Diego County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.